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Jardine Cycle & Carriage (Jardine Cycle & Carriage) Liabilities-to-Assets : 0.45 (As of Dec. 2023)


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What is Jardine Cycle & Carriage Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Jardine Cycle & Carriage's Total Liabilities for the quarter that ended in Dec. 2023 was $14,578 Mil. Jardine Cycle & Carriage's Total Assets for the quarter that ended in Dec. 2023 was $32,394 Mil. Therefore, Jardine Cycle & Carriage's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.45.


Jardine Cycle & Carriage Liabilities-to-Assets Historical Data

The historical data trend for Jardine Cycle & Carriage's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jardine Cycle & Carriage Liabilities-to-Assets Chart

Jardine Cycle & Carriage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.44 0.44 0.44 0.45

Jardine Cycle & Carriage Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.44 0.44 0.45 0.45

Competitive Comparison of Jardine Cycle & Carriage's Liabilities-to-Assets

For the Conglomerates subindustry, Jardine Cycle & Carriage's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jardine Cycle & Carriage's Liabilities-to-Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Liabilities-to-Assets falls into.



Jardine Cycle & Carriage Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Jardine Cycle & Carriage's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=14578.3/32393.6
=0.45

Jardine Cycle & Carriage's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=14578.3/32393.6
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jardine Cycle & Carriage  (OTCPK:JCYGY) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Jardine Cycle & Carriage Liabilities-to-Assets Related Terms

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Jardine Cycle & Carriage (Jardine Cycle & Carriage) Business Description

Traded in Other Exchanges
Address
239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is a conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. The company operates through three segments: Astra, direct motor interests, and other interests. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia. Direct motor interests include automotive operations in Singapore, Malaysia, Myanmar, Indonesia, and Vietnam. The Other Strategic interests segment includes Southeast Asia investments in Siam City Cement and Refrigeration Electrical Engineering Corporation.

Jardine Cycle & Carriage (Jardine Cycle & Carriage) Headlines

From GuruFocus

Third Avenue Comments on Jardine Cycle & Carriage

By Sydnee Gatewood Sydnee Gatewood 04-22-2021